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Banking and Finance

Banking and Finance latest

Sharjah Islamic Bank Reports Net Profit of AED 381 Million, Up 19.4% in Q1 2026
April 13th, 2026 - 11:44 GMT

Sharjah Islamic Bank Reports Net Profit of AED 381 Million, Up 19.4% in Q1 2026

Sharjah Islamic Bank (SIB) delivered an exceptional financial and operational performance across all business segments during the first quarter of 2026. Net profit after tax reached AED 380.7 million, representing an increase of 19.4% compared to AED 318.9 million for the same period in 2025. Income from investments in Islamic financing and Sukuk grew by AED 131.8 million, or 14.4%, to reach approximately AED 1.05 billion by the end of the first quarter of 2026, compared to AED 914.3 million during the same period in 2025. Meanwhile, total profit distributions ...
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Al Bawaba
March 7th, 2013 - 08:31 GMT

NBAD named Best Asset Management House in Middle East

Faisal Aqil, Deputy CEO, Consumer Wealth Management, Emirates Islamic Bank
March 7th, 2013 - 07:28 GMT

Emirates Islamic Bank launches innovative foreign exchange services

Al Bawaba
March 7th, 2013 - 04:38 GMT

DIB holds Performance Excellence Award ceremony to reward outstanding employees

Faisal Ahmad, Head of Investment Advisory for  NBAD Private Banking UAE
March 6th, 2013 - 08:07 GMT

NBAD Private Banking appoints Head of Investment Advisory

Saudi Prince Alwaleed bin Talal is disputing the findings of the Forbes rich list, claiming that it understated his wealth.
March 5th, 2013 - 01:27 GMT

A right royal showdown: Pince Alwaleed bin Talal hits out at Forbes rich list results

The SIC said that out of the 191 investigated cases 126 were local and the rest were foreign
March 5th, 2013 - 12:17 GMT

No longer hush hush? Lebanon lifts banking secrecy laws

Al Bawaba
March 5th, 2013 - 09:00 GMT

Alpen Capital announces the launch of operations in Saudi Arabia

Al Bawaba
March 5th, 2013 - 08:06 GMT

Mashreq organizes second exclusive warehouse sale with Jashanmal

Dubai Islamic Bank
March 5th, 2013 - 04:55 GMT

Dubai Islamic Bank shareholders approve 100 per cent acquisition of Tamweel

Financial curbs on Bahrain airlines monitored
March 4th, 2013 - 11:35 GMT

Bahraini banks monitored over restrictions on airlines

Faisal Aqil, Deputy CEO, Consumer Wealth Managment, EIB
March 4th, 2013 - 09:26 GMT

Emirates Islamic Bank encourages customers to save and win through Kunooz Value Plus Account

Emirates Classic Car Festival
March 4th, 2013 - 08:37 GMT

Spectacular line-up of classic cars to be unveiled at 5th Emirates Classic Car Festival

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